DRC: 'Conflict Minerals' Law Reaps Unforeseen Results

Feb 19, 2015 | Ciaran McEvoy, Investor's Business Daily
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If the road to hell is paved with good intentions, then critics of an obscure provision in the Dodd-Frank Act believe there is a highway paved to the Congo. The lucrative mineral trade has been cited by human rights groups as a reason the long-running war rages in the eastern Democratic Republic of the Congo (DRC). More than 5.4 million people have been killed. Nearly five years after Dodd-Frank's passage, a debate simmers over whether a provision is alleviating Congo's agony or is a simplistic answer rife with unintended consequences.